The Palatka daily news. (Palatka, Fla.) 1884-1888, 1887-06-28

Mobile X Ohio IA Western Union. .II4
Cotton seed Oil Tr., i0I4
Liquidation in the stock market made
further progress to-day, and although the
| aggregate transactions were only moderate In
amount, prices of some of the leading shares
were materially depressed; traders, usual
of late. were active in bringing about lower
| range of quotations, and result of their
operations the market WAS feverish and unset
| tied throughout the day. There WAS very little
support given tn prices, and London appeared
IA seller. The money market was also an in
fiuential factor in the decline, rates being bid
up to one-duarter per cent. day ami interest.
A further decline in sterling exchange rates
had no apparent influence upon prices, though
the announcement of the withdrawal of IO,
~ pounds for shipment to tins country
created a better feeling for eime. The
principal decline WAS in Pacific Mail, which
was dedressed upon stories to the effect that the
Panama Canal would be failure London
$, Id Louisville and Nashville \ new expIanii-
ton of the dropi Manhattan appeared to-day.
the story being that pool of IJlOD shares had
been made up To peg the stock at l5s, and this
being dissolved qy mutual consent, the stock
dropped to its natural level IL opened to-day
at I'D, and after AN advance of EEI dropped to
IL, but closed at the opening price;
The opening weak this morning at de-
clines extending To ,. per cent. Further mate
y,
i'm which "a large business was done. Reading,
Pacific Mail and Omaha were prominently
weak These were joined later by Iacka-
wanna, Union Pacific and New England, and
by noon many of the stocks had reached the
lowest figures of the day. After that time the
market WIS quicter and slight recOVerics took
place, but Louisville and Nashville became
very weak, and in the hast hour everything
gave way once more, closing being fairly ae,-
tive and weak, with the most active stocks at
their lowest figures
Total business for the day was 25s,,I9 shares.
Almost everything II lower, and Pacific Mail
declined ;9l. Reading -, Missouri Pacific BE,
Louisville and Nashville 2Is, New England la..
Colorado Coal lIs, Lackawanna Us Omaha
lie, st. Paul rs. jersey Central Ia, Texas
Pacific IA Wheeling and Lake Erie IL. Man
haitian :, and others smaller amounts
Cotton.
NEW YoRk June .7.-Greene n CO. : report
ON cotton futures says: The contract mar
ket has ranged some 5 to- points higher the
old crop, with fair trading, but did not show
sustaining capacity, and "A portion of the adj
vance was afterwards lost, with the close
appeared To come very largely from the bull
combination, and the moment they esised up
line of operators manifesting no faith with
AN expression that all probable favorable in
tuenecs for August have been discounted
Afternoon report otton-Net and gross re-
June, 10 slGt 10 81, July. 10 slri0 81 /: August,
lO fatel0 q; September, IUO 43dI -; October,
Der, . $50 20; January, . sssI9 -; February, =
Cotton steady; sales to-day, hi; Middling Up
sr"ss' ~: esperts t., Gnr,t Hrit,,in' 81. r.,
France. =: Ia the Continent, 2,0s.; sales, ~;
stock. s1s,l94.
LIVERPOOL June -, p. m.-Coton futures
June, IS "a, seller; June-JuIy, > 5i-,si, buyer:
July August. 3 1914, buyer; AugIIst-septem-
Der, 5 5s-6i, buyer; experimentation 53-6i,
yember- December, 5 .,6-s4, seller; Dec,.mts.r-
January5 s,-e4, seller; September, ; 5e-t+ value;
Futures closed Hat
GALvESroN, June g. Cotton quiet; mil
ding, lole; net receipts, I3; gross. Is. sales liz
stock, 4:sss exports coastwise,
NORFOLK, June 2s.-Cotton steady /; mid
ding. lUss net receipts 4: gross receipts, T.
sales. -; stock, 3ls4; exports cuastwise, -
BALTIMORE, June ss.-Cotton firm; mid
:; stock, ASH; exports to Great Hritain. -:
coastwise. =
BOSTON. June s.:-Cotton quiet middIing,
IL net receipts, Ri; gross receipts. "a. sales,
none; stock, -, exports to Great Britain, -
WILMINGTON, June s1.-CottOn firm mid
ding, lWs' net Receipts, -; gross r,'ceipts,
wise. :ss+-
PHIr4 APE, June s:-Cotton dun; mid.
dnF' ~. net ss1s'p ro rs,t ET Tr;s,n "
SAVANNAH, June z..-Cotton nominal ; mid
ding, lUl4 net receipts. q: gross, q (; sales,
-: stock, l,s4s; exports coastwise.
NEW ORLEANS. June G.-COtton quiet; mid
ding. 10 ID; net receipts al: gross receipts +s
sales, sO, stock, SD.}H. exports to Great
britain. 4,ss5; to the Continent, =; coastwise,
5.3 to France,
MOBILE, June s..-C Cotton nominal; midldling,
l0ls net receipts p gross receipts, % sales
=. stock, "a. exports coastwise,-
MEMPHIS, June 81 = Cotton dull mid
ding, lUs4 net receipts, %; gross receipts,
-; shipments, 80. stock, s..a5-
AUGUSTA. June s.--Cottou quiet, miidllng
los4; net receipts,4 4; gross receipts, -; sales.
-; stock. loo
CHARLESTON. June Z--Cotton quiet but firm
-middling, l0S4: net receipts. .; gruss receipts.
y. sales =: stock. sl6; exports coaistwise
General Markets.
CHICAGO, June 29.-Trading in the wheat
pit to-day WAS almost as quiet as on saturday.
although there was moderate inquiry for cash
wheat The feeling weaker and prices
were lower, though prices held steady mt the
established decline Receipts small here
and shipments are large, causing rapid re
iuction in stock in store The visible supply
statement showed a decrease of 2 iss { % BUSH
els and a still more rapid decrease il looked for
IN the immediate future. Millers in the inte-
rior whose stocks had all become very low, and
who did not feel disposed to buy wheat
was AT much higher ngures. have bought quite